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August 2017 RE/MAX National Housing Report

by Melissa Dierks

August 2017 RE/MAX National Housing Report

While July home sales decreased slightly, homes sold at a faster rate than any month in nearly a decade, according to the August RE/MAX National Housing Report that analyzes housing data in fifty-four metro areas. July home sales declined 0.8 percent year-over-year, and the Median Sales Price of $239,950 – while slightly lower than June’s – was 7.4 percent higher year-over-year. Homes sold quickly in July, with an average forty-five Days on Market, a record low for the report.

Other notable numbers from this month’s RE/MAX National Housing Report include:

  • Sales increased in nineteen metro areas even as home sales declined 0.8 percent compared to July 2016.
  • The Median Sales Price of $239,950 was the highest for any July in the nine-year history of the report.
  • Inventory dropped 14.1 percent year-over-year, with forty-six metro areas seeing fewer homes for sale or remaining unchanged. Year-over-year, inventory has declined every month since November 2008.
  • Months Supply of Inventory hovered at 3.1 months, a new July low in the report. 

“After a jump in home sales in May and June, it’s not unusual to see a dip in sales in July,” said Adam Contos, RE/MAX Co-CEO. “This summertime slowdown is a national trend that we sometimes see this time of year, even though this month’s decrease was razor thin. Low inventory continues to constrain the market. Successful buyers will have to be prepped and ready to act fast to purchase listings that, on average, are selling in record time.”

Want to know more about the current real estate market? Click here to download your copy of the August 2017 RE/MAX National Housing Report. If you are looking to sell your Arizona home or are ready to buy a Phoenix home, please contact The Regal Team today.

Melissa Dierks

The Regal Team of RE/MAX Professionals

7111 W Bell Road, Suite 101

Glendale, AZ 85308

(623) 229-0154

www.theregalteam.com

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Top 3 Monsoon Safety Tips

by Melissa Dierks

Top 3 Monsoon Safety Tips

The weekend got off to a stormy start as monsoon moisture returned to the Valley early Saturday, but clear skies are forecast to make a swift return.  Morning showers and thunderstorms dropped up to an inch of rain in the city of Maricopa, prompting the National Weather Service to issue a flood advisory for parts of Maricopa and Pinal counties. Those storms also ushered in gusty predawn winds.

Most of those storms had dissipated by 7:30 a.m., though a slight chance of storms remains in the forecast for the Phoenix area through the weekend.  Since the end of summer is approaching as quickly as summer storms, it’s essential to remember and share these important these top 3 monsoon safety tips with your friends, family and loved ones.

1.) Plan Ahead

Plan ahead by watching the current weather forecasts on TV, the internet or the radio for weather updates before you even leave the house. Also, make sure the severe weather notifications are enabled in your cellphone settings so as to receive warnings when you’re unable to access this information while you travel.

2.) Watch for Dust Storm

Straight lines winds in any thunderstorm can lift huge clouds of dust and reduce visibilities to near zero in seconds, which can quickly result in deadly, multi-vehicle accidents on roadways. If you encounter a dust storm (also known as a haboob), and cannot avoid driving into it then pull off the road as far as you can safely do so. Turn off your headlights and taillights. Put your vehicle in "PARK," and/or engage your parking brake. Stay where you are until the dust storm passes.

3.) Practice Lightening Safety

If you can hear thunder, you are close enough to be struck by lightning. So when thunder roars, go indoors. While indoors, unplug expensive electronics as soon as possible and avoid corded phones as lightening traveling through telephone wires can kill you.

Want to learn more about Arizona monsoon safety tips? Visit monsoonsafety.org for additional information and learn how to create a monsoon safety preparedness kit. Because taking additional steps during summer storms could save your life and the lives of others. Stay safe!

Melissa Dierks

The Regal Team of RE/MAX Professionals

7111 W Bell Road, Suite 101

Glendale, AZ 85308

(623) 229-0154

www.theregalteam.com

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Top 5 Back-to-School Hacks for the New School Year

by Melissa Dierks

Top 5 Back-to-School Hacks for the New School Year

Can you believe it’s nearly time to go back to school? The summer is winding down and school is right around the corner. Rather than sob about early rising times and school supply shopping, embrace the season with these top 5 back-to-school hacks for the new school year.

1.) Use savings apps: Coupon apps like RetailMeNot, Mr. Rebates, and Ebates apps list the deals that stores currently offer —all from the convenience of your phone. No matter where you’re shopping, you can search for deals through the apps and even get a percentage back on your purchases.

2.) Distance your alarm: If you or your kids have trouble waking up when the alarm goes off, add some distance between them and the snooze button. Keeping the alarm across the room forces you to get up to shut if off, making it harder to fall back asleep. Using your phone as your alarm? Download an app that requires you to enter a special code or swipe code in order to shut it off. If forces your brain to think and help keeps you from dozing off.

3.) Break in new shoes faster: It happens to everyone. Kids love the new shoes in the store but by the time they get home they barely fit anymore. Thankfully, there’s a hack for that. Have your child put on thick socks and then stuff their feet into the shoe. Then, use a hair dryer to blow hot air onto the shoe. The shoes will be broken-in in no time.

4.) Keep lunches fresher: Is your child brown bagging lunch? Keep lunches fresher by using a frozen wet sponge instead of icepacks. The sponge absorbs liquids which might soak the lunch contents thanks to condensation and it won’t leak while in the lunch box. No more soggy sandwiches!

5.) Set up a central staging area: The notoriously missing shoe, backpack, or textbook…it always happens. By choosing a clutter-free area of the house as a central housing hub for all things school-related, including lunches and more, you will save yourself precious time and frustration in the mornings.

Turn back to school into hack to school with these top 5 back to school hacks for the new school year. Here’s hoping your family has a great back-to-school season! And if you’re looking to buy a Phoenix home in a great school district, please contact The Regal Team today.

Melissa Dierks

The Regal Team of RE/MAX Professionals

7111 W Bell Road, Suite 101

Glendale, AZ 85308

(623) 229-0154

www.theregalteam.com

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3 Home Inspection Red Flags You Don’t Want to Miss

by Melissa Dierks

3 Home Inspection Red Flags You Don’t Want to Miss

One of the most crucial steps of closing on your new home is having the property inspected by a home inspector. It’s in your best interest to make sure there’s a licensed and qualified home inspector inspecting your property, because it’s very easy to miss items that need more attention than just a quick glance can provide. Here are 3 home inspection red flags you don’t want to miss.

1) Beneath the surfaces: Many home inspectors only look for evidence of wear or damage on the surface of floors and walls. However, under the carpet and behind walls are the top places where strong odors, molds, and stains lurk. But eventually odors and stains can rise from under the carpet and stain the surface and mold hidden in the walls can cause serious respiratory problems. If you are inspecting an older home or just have concerns in general about mold or damaging stains, be sure to address your concerns so the inspector can take a closer look and help give you peace of mind.

2.) Ventilation: HVAC systems are one of the top problems that are missed by home inspectors. Often the inspector will only turn on the HVAC system that applies to current weather conditions but neglects to evaluate the other system. Some home inspectors lack HVAC knowledge and will include disclaimers on the home inspection forms. If you have concerns about the heating or air conditioning system in the home you’re interested in purchasing, don’t be afraid to look into a qualified HVAC contractor for a more thorough evaluation.

3.) Working Appliances: Many home inspectors can overlook testing major appliances to make sure they’re in good working order. An inspector should run all major appliances through one or two cycles to makes sure everything is in order. This includes the washer and dryer, refrigerator, oven, etc. If you have some doubts about an appliance, don’t be afraid to ask questions or request an additional cycle be run.

When you buy a new home, please be sure not to rush through the home inspection process in the excitement to close quickly. Keeping an eye out for these 3 home inspection red flags can help save you a lot of trouble down the road. If you’d like more information about what to look for during your home inspection or need assistance buying or selling your Phoenix home, please contact the Regal Team today.

Melissa Dierks

The Regal Team of RE/MAX Professionals

7111 W Bell Road, Suite 101

Glendale, AZ 85308

(623) 229-0154

www.theregalteam.com

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July 2017 RE/MAX National Housing Report

by Melissa Dierks

July 2017 RE/MAX National Housing Report

Halfway through 2017, the U.S. housing market is on pace for another record year as four of the last six months have topped same month sales from 2016, according to the July 2017 RE/MAX National Housing Report. June home sales were 1.4 percent higher than June 2016, which was previously the month with the most home sales in the nine-year history of the report.

The combination of increased sales and a record low inventory that slipped further to 2.8 months resulted in higher sales prices. June’s median sales price of $245,000, up 7.5 percent over last June, also set a RE/MAX National Housing report record. In fact, prices increased in fifty of the report’s fifty-three markets. The average number of Days on Market dropped to a report-record low of forty-seven, while inventory dropped year-over-year in eighty-seven percent of the markets. The June 2017 average Days on Market was 47, the lowest Days on Market in the history of the report.

“Sellers continue to benefit from limited inventory, getting top-dollar for their homes, and as a result, overall sales are at a record high,” said Adam Contos, RE/MAX Co-CEO. “But buyers shouldn’t be discouraged. Mortgage rates are still relatively low and the market may be taking a positive turn, albeit subtle, as recent Labor Department data showed a decline in open construction jobs which could mean more workers focused on new home builds.”

The average Days on Market for homes sold in June 2017 was forty-seven, down four days from the average in May 2017, and down seven days from the June 2016 average. Click here to download a copy of the July 2017 RE/MAX National Housing Report. If you are looking to sell your Arizona home or are ready to buy a Phoenix home, please contact The Regal Team today.

Melissa Dierks

The Regal Team of RE/MAX Professionals

7111 W Bell Road, Suite 101

Glendale, AZ 85308

(623) 229-0154

www.theregalteam.com

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RE/MAX Professionals Celebrates 25 Years of Miracles

by Melissa Dierks

RE/MAX Professionals Celebrates 25 Years of Miracles 

Since 1992, RE/MAX agents and brokers have invested in the well-being of their local communities by raising more than $150 million for 170 CMN Hospitals. That’s why we are excited to announce that the Regal Team will be participating in our third annual “Month of Miracles” throughout the month of August. This is a month-long fundraising event is designed to raise much-need money to support our local Phoenix Children’s Hospital as well as raise awareness in our community.

“Children’s hospitals depend on local donations — like those from RE/MAX agents participating in Miracle Home and Miracle Property programs — to provide the top-of-class care kids deserve,” said John Lauck, president and CEO of Children’s Miracle Network Hospitals. “On behalf of the millions of families impacted by RE/MAX donations, we appreciate each agent’s efforts and thank them for truly making miracles happen in their communities all year long.”

In 2016, RE/MAX Affiliates in the U.S. and Canada donated over $10 million to 170 Children’s Miracle Network Hospitals through the Miracle Home and Miracle Property programs. Here at RE/MAX Professionals, my team and our agents donated over $40,000 to our local Phoenix Children’s Hospital last year. We were recognized by RE/MAX LLC for being the highest contributing office in the Southwest Region (Arizona, Nevada and New Mexico) to the Children’s Miracle Network, and our local Phoenix Children's Hospital!

Each donation helps fund pediatric medical equipment, treatments, charitable care and other healthcare services for local CMN hospitals. As the contributions continue to grow, we are able to aid a larger number of sick and injured children – which is something we take great pride in being able to do for our community.

Please help us reach out goal of ONE MILLION PENNIES for the “Month of Miracles” in August, 2017. You can drop by any one of our five offices to participate in our fundraising efforts, or contact us and we will be happy to pick up your donation. On behalf of all the kids at Phoenix Children’s Hospital, the Regal Team thanks you in advance for your support in helping us achieve this goal for our community!

Sincerely,

Melissa Dierks

The Regal Team of RE/MAX Professionals

7111 W Bell Road, Suite 101

Glendale, AZ 85308

(623) 229-0154

www.theregalteam.com

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June 2017 RE/MAX National Housing Report

by Melissa Dierks

June 2017 RE/MAX National Housing Report

After a brief dip in April home sales, the U.S. housing market returned to seasonally high sales in May, increasing 20.6 percent from the previous month and 4.3 percent from May 2016, according to the June RE/MAX National Housing Report. In fact, it was the strongest May in terms of home sales in the nine-year history of the report.

“In May, we saw an uptick of both loan applications and home sales, which is encouraging in terms of more people getting into the market for homes,” said Adam Contos, RE/MAX Co-CEO. “We don’t expect that the Federal Reserve’s announcement on Wednesday to raise interest rates a quarter of a point will greatly affect the market’s momentum. But housing demand only intensifies the tug-of-war with tight inventories driving prices up.”

In addition, the average number of Days on Market dropped to a record low of fifty-one, consistent with the Months Supply of Inventory shrinking to 2.6 months – both records for the report. Of the fifty-three metro areas surveyed in May 2017, the overall average number of home sales increased 4.3 percent compared to May 2016. Thirty-nine of the fifty-three metro areas experienced an increase in sales year-over-year.

Want to know more about the current real estate market? Click here to download your copy of the June 2017 RE/MAX National Housing Report. If you are looking to sell your Phoenix home or are ready to buy a Phoenix home, please contact The Regal Team today.

Melissa Dierks

The Regal Team of RE/MAX Professionals

7111 W Bell Road, Suite 101

Glendale, AZ 85308

(623) 229-0154

www.theregalteam.com

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The Flag

by Melissa Dierks

The Flag 

The Flag by Michelle Selby

Red for the blood shed in the name of Freedom,

for which we fought, united

Blue for the oceans of time we have crossed,

remaining the land of the free

White for the peace we wish to share,

all men created equal

Stars to remember those who fought throughout the night,

bravely for our land

Stripes to remind us of the lashings taken by the Prisoners of War

With a seal, in God we trust

We each are one of many, in which we stand united in Brotherhood

A symbol of Pride

A salute to those who died in the fight

A blanket to cover us in times of need

Waving high to show we are still here, undefeated

With honor you are presented to the world.

From The Regal Team family to yours, have a wonderful 4th of July weekend!

Melissa Dierks
The Regal Team of RE/MAX Professionals
7111 W Bell Road, Suite 101
Glendale, AZ 85308
(623) 229-0154
www.theregalteam.com
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Free Phoenix Water Resources During AZ Heat Wave

by Melissa Dierks

Free Phoenix Water Resources During AZ Heat Wave

There’s an excessive heat warning in affect through Monday, June 26th at 8:00 p.m. Afternoon highs could approach 115°. The Phoenix Metro area will experience unseasonably hot temperatures with high to very high heat risk. Heat related illness will be possible to those sensitive to the heat such as the elderly and homeless, individuals spending time outdoors, and those without effective cooling and/or adequate hydration. Residents and visitors are encouraged to stay hydrated and help out those in need as the temperatures continue to rise.

The City of Phoenix "We're Cool" campaign offers free bottles of water and indoor locations to cool off.  In addition to the "We're Cool" cooling locations, there are designated water locations around the Valley, where you can get a FREE bottle of water to stay hydrated. Phoenix Parks and Recreation Centers, Senior Centers and other city buildings offer this service. Click here to download a full list of water hydration locations and cooling refuge locations for anyone needing to get out of the heat. 

Additionally, The Heat Relief Network is also on board to help keep Phoenix residents safe. The Heat Relief Network is a regional partnership of the Maricopa Association of Governments (MAG), municipalities, nonprofit organizations, the faith-based community, and others. Each year, MAG coordinates the mapping of the Heat Relief Network, a network of partners providing hydration stations, refuge locations, and water donation sites throughout the Valley with the goal of preventing heat related and heat caused deaths among people experiencing homelessness and other vulnerable populations. For locations and ways you can help with donations, click here.

Please stay cool and hydrated, and contact The Regal Team for more Phoenix community resources and local news.

Melissa Dierks

The Regal Team of RE/MAX Professionals

7111 W Bell Road, Suite 101

Glendale, AZ 85308

(623) 229-0154

www.theregalteam.com

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5 Father’s Day Facts You Probably Didn’t Know

by Melissa Dierks

5 Father’s Day Facts You Probably Didn’t Know

Today is Father's Day, the annual holiday where Americans celebrate the men who made them. You may love dear old dad, but how much do you actually know about the observance in his honor? Here are 5 Father’s Day facts you probably didn’t know.

1.) Census data shows there are more than 70.1 million dads in the U.S. About a third of them are married with kids under 18.

2.) More than 214,000 men are stay-at-home dads and two million fathers are single dads.

3.) On Father's Day in Germany, men drink all day at beer gardens.

4.) In the underwater world of the seahorse, it's the male that gets to carry the eggs and birth the babies.

5.) George Washington, the celebrated Father of Our Country, had no children of his own.

Share these 5 Father’s Day facts around the grill with your Pop and have a fun and Happy Father’s Day!

Melissa Dierks

The Regal Team of RE/MAX Professionals

7111 W Bell Road, Suite 101

Glendale, AZ 85308

(623) 229-0154

www.theregalteam.com

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Displaying blog entries 1-10 of 281

Contact Information

Photo of The Regal Team Real Estate
Melissa Dierks
The Regal Team of RE/MAX Professionals
7111 W Bell Road, Suite 101,
Glendale AZ 85308
Direct: (623)229-0154
Office: (623)643-1092
Fax: (623)201-7562

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